Articles by: Veselin Valchev

Commodities trading outlook: crude oil, natural gas futures climb as fundamentals weighed

WTI and Brent futures edge higher as investors eye upcoming data on US oil supplies. Meanwhile, natural gas futures also turned upwards, extending the recent rally as traders look to a cold weather system over the US to spur heating. WTI futures for November delivery on the New York Mercantile Exchange traded at $94.75 per […] Read more

Grains trading outlook: corn, soybeans and wheat futures turn red after rally

Corn, soybeans and wheat futures were all on the downside during midday trade in Europe today, reversing some of the sizable gains from Monday. Investors eye USDAs grains stocks report, due later today, as US farmers are on track to collect the biggest soybeans and corn harvests on record. Weather patterns project overall favorable conditions […] Read more

Natural gas trading outlook: futures hold on to gains, US braced for cold

Natural gas futures were little changed during early trade in Europe today, retaining the significant gains from the past few sessions, as investors eye a 10-day cold spell in the northern US, set to begin later this week. Front-month natural gas futures for settlement in November on the New York Mercantile Exchange traded at $4.155 […] Read more

Gold trading outlook: futures edge lower as data eyed

Gold futures were slightly lower during morning trade in Europe today, as investors look to square positions ahead of key US and Eurozone data this week. A keenly awaited ECB meeting could produce an even more dovish stance for the euro, which would boost the dollar and pressure commodities. Gold futures for December delivery on […] Read more

Crude oil trading outlook: WTI and Brent futures calm ahead of key data

WTI and Brent futures were steady during early trade in Europe today, as investors eye key economic and supply data. Brents premium to WTI shrank to the lowest in more than a year, outlining the discrepancy between supply-demand fundamentals in the US and globally. WTI futures for November delivery on the New York Mercantile Exchange […] Read more

Commodities trading outlook: crude oil and natural gas futures

WTI and Brent futures remained in the red during midday trade in Europe today, as the strong dollar outweighed much of any bullish sentiment. Meanwhile, natural gas futures climbed, as investors eye a cold weather spell, projected for the northern US later this week. WTI futures for November delivery on the New York Mercantile Exchange […] Read more

Commodities trading outlook: gold, silver and copper futures

Gold and silver futures were steady during midday trade in Europe today, keeping near last weeks close, as investors eye economic data later this week. Meanwhile, copper futures hovered near a three-month low ahead of key figures. Gold futures for December delivery on the Comex in New York traded at $1 221.0 per troy ounce […] Read more

Natural gas trading outlook: futures steady as US braced for cold

Natural gas futures were steady during early trade in Europe today, after a sizable increase last week, as investors look to a cold spell over the US, forecast to begin later this week, to strengthen bulls. Front-month natural gas futures for settlement in November on the New York Mercantile Exchange traded at $4.024 per million […] Read more

Grains trading outlook: corn, wheat futures add, beans drop as multi-year lows reached

Corn and wheat futures edged higher during early trade in Europe today, while soybeans continued downwards, with all grains hovering near four-year lows, as investors priced in the record harvest in the US. Weather patterns project mostly favorable conditions for maturing crops early this week, with dry and warm weather over the Midwest and Norther […] Read more